mistakes: Common First Time Home Buyer Mistakes
- 07/02/12 10:55 PM
Minneapolis, MN: It happens every day here throughout the Minneapolis, St Paul area. I see First-time home buyers, partly due to enthusiasm, and partly due to ignorance, make costly mistakes during the home buying process. Like buying more house than you can reasonably afford, or simply buying the wrong house because they thought they were getting a deal. To help you keep your sanity and your cash, become an educated consumer and avoid the mistakes others have made before you. Here are a few common mistakes new home buyers should avoid: Big Mistake #1 Not planning ahead. From the moment you … (3 comments)
mistakes: Top refinance mistakes and how to avoid them
- 10/05/11 01:54 AM
TOP REFINANCE MISTAKES St Paul, MN: Mortgage interest rates are the best in years, and everyone is thinking "should I refi" my home mortgage loan? For most people, a home is the biggest investment they will ever make. However, few people do the research necessary to make a good buying decision. The home-purchase process is extremely confusing for most people. With a little bit of homework, and some advice from family and friends who have been through the process before, you can make this a little easier on yourself. There is no substitute for taking the time to educate yourself before … (0 comments)
There are a lot of things "not to do". I will point out only the 3 most common mistakes I see people make. Setting an unrealistic goal. I always get inquiries from people who say something like, "I have a 30 year fixed rate loan at 5.875% and I will refinance ONLY when rates get to 4.0% with no closing costs". Sometimes I call people back and say, "Why 4%? why not 3% or 2%? They say, "Well rates are not going to … (1 comments)
Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use.
Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.
Minneapolis, MN: It happens every day here throughout the Minneapolis, St Paul area. I see First-time home buyers, partly due to enthusiasm, and partly due to ignorance, make costly mistakes during the home buying process. Like buying more house than you can reasonably afford, or simply buying the wrong house because they thought they were getting a deal.
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